Decision No. 112/2001/QD-BTC of the Ministry of Finance issues certain consumption standards applicable to projects using ODA loan funds, aiming to manage and utilize these funds efficiently.
Scope of application
Project Management Boards for ODA projects, Ministries, sectors, People's Committees at all levels, and units utilizing ODA funds.
Key points
- Project Management Boards for ODA projects → decide specific consumption levels applicable to the Project within the scope of the standards set forth in this Decision and within the permissible budget for project management, Directors of Project Management Boards for ODA projects.
- Previous regulations and guidelines on standards issued by the Ministry of Finance or agreed upon will cease to be effective from the date this Decision takes effect.
🌐 Social impact of this document
- Positive impact: Helps manage and utilize ODA funds effectively, avoiding waste.
- Negative impact: May cause difficulties in deciding specific consumption levels for projects due to the flexibility required by each project.
❓ Frequently asked questions
To whom does this Decision apply?
This Decision applies to Project Management Boards for ODA projects, Ministries, sectors, People's Committees at all levels, and units utilizing ODA funds.
How do Project Management Boards for ODA projects determine specific consumption levels?
Within the scope of the standards set forth in this Decision and within the permissible budget for project management, Directors of Project Management Boards for ODA projects decide specific consumption levels applicable to the Project appropriately.
What will happen to previous regulations and guidelines on standards?
Previous regulations and guidelines on standards issued by the Ministry of Finance or agreed upon for issuance by the principal ministries for certain ODA projects will cease to be effective from the date this Decision takes effect.
When does this Decision take effect?
This Decision takes effect 15 days after the date of signing.
Full text
Pursuant to …;
Regarding the issuance of certain expenditure standards applicable to projects using Official Development Assistance (ODA) loans
_________________________________
THE MINISTER OF FINANCE
Pursuant to Decree No. 15/CP dated March 2, 1993 of the Government stipulating the tasks, powers, and responsibilities for state management by Ministries and ministerial-level agencies;
Pursuant to the Government Decree No. 178/CP dated October 28, 1994, on the tasks, powers, and organizational structure of the Ministry of Finance;
Pursuant to the Government Decree No. 17/2001/NĐ-CP dated May 4, 2001, on the issuance of the Regulation on Management and Use of Official Development Assistance Funds;
Pursuant to the Prime Minister's Decision No. 198/1999/QĐ-TTg dated September 30, 1999, on "Salary for cadres and civil servants working at Project Management Units";
Pursuant to the Circular No. 150/1998/TT-BTC dated November 19, 1998, of the Ministry of Finance guiding the Management and Use of Training and Capacity Building Funds for Cadres and Civil Servants;
Pursuant to the Circular No. 93/1998/BTC dated June 30, 1998, of the Ministry of Finance stipulating the Conference Expense Regulations;
Pursuant to the Circular No. 94/1998/TC-BTC dated June 30, 1998, of the Ministry of Finance stipulating the Travel Expenses for State Cadres and Civil Servants on Domestic Trips;
Considering the proposal of the Director of the Department of Foreign Financial Affairs,
Pursuant to …;
Article 1: Issued together with this Decision are "Regulations on Certain Expenditure Standards Applicable to Projects Using Official Development Assistance (ODA) Loans".
Article 2: The standards issued together with this Decision are the maximum ceilings. Within the scope of the standards prescribed in this Decision and within the permissible budget for project management, the directors of ODA project management units shall determine specific expenditure levels applicable to the Project in a suitable manner.
Article 3: Previous regulations and guidelines on expenditure standards issued by the Ministry of Finance, or approved by the Ministry of Finance for relevant ministries to issue and apply to certain ODA projects, will cease to be effective from the date this Decision takes effect.
Article 4: This Decision shall take effect fifteen days from the date of signature.
Ministries, sectors, People's Committees at all levels, and units utilizing ODA funds are responsible for implementing this Decision.
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